GAM names Japan sales head; BNP Paribas WM confirms Lee hire; UBS adds to global family office team in Hong Kong; Nikko AM bulks up global equities team with new hire; Willis Towers Watson adds to financial solutions team; Hai Tong AM hires saleswoman from BMO Global AM; General Atlantic hires special adviser on Indonesia; Taiwan Life appoints new co-investment head
Asia is fast becoming the wealth-creation capital of the world, with one new dollar billionaire being created every week in China alone, says a new report.
The Choi family is cashing out of premium properties in its hometown to invest HK$10 billion ($1.3 billion) in Australian real estate.
Investment industry experts say new rules allowing Taiwanese mutual fund houses to run private equity funds will benefit both local and foreign managers. Green energy will be a big focus.
There are any number of reasons why the spread of environment, social and governance investing seems inevitable, argues Henry Fernandez, CEO of the index provider.
The Hong Kong Investment Funds Association is firmly against stock exchange proposals to allow dual-class share structures. But asset managers are divided on the issue.